I suppose it depends on the market rules. But a cost of $0/MW is one option
that is fairly typical. In some cases, there are subsidies involved which would
give the renewables an incentive not to curtail even if the price goes a bit
negative, in which case you could even use a negative cost. Also, if the
renewables are not curtailable by (i.e. “must-take”), then you would use a
large negative price so that any curtailment would be an indication of an
infeasibility in the problem.
Ray
On May 31, 2024, at 6:24 PM, Ari N <[email protected]> wrote:
Healthy greetings,
In generator scheduling, what is the objective function for renewable energy
generation?
I hope someone can help, thank you.
Regards,
Ari
